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Spartanburg, SC Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Spartanburg, SC. Based on 15+ datapoints.

Spartanburg, SC Long-Term Rental Investment Snapshot

Based on 15+ long-term rental datapoints

Median Cap Rate

4.8%

Avg Cash on Cash

-6.8%

Median Cashflow

-$269/mo

Avg Rent Estimate

$1,650/mo

Avg Price

$262,167

Price Range

$178,200 - $361,400

Rent to Price

0.63%

low ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Spartanburg, SC

Spartanburg, SC is an emerging long-term rental market gaining investor attention. With 15+ properties analyzed, early data shows the market is developing. The median cap rate of 4.8% suggests room for early-mover advantage as more rental inventory becomes available.

Based on 15+ analyzed properties, the median monthly cashflow in Spartanburg, SC is -$269 with average rents of $1,650/month. Properties range from $178,200 to $361,400, offering entry points across multiple investment budgets.

317 Cole St, Spartanburg, SC 29301

Price

$217,500

Rent

$1,426

CachFlow

-$269

CoC

-7.07

Full Analysis

123 Gower Rd, Spartanburg, SC 29303

Price

$216,800

Rent

$1,592

CachFlow

-$99

CoC

-2.61

Full Analysis

191 Pershing St, Spartanburg, SC 29302

Price

$269,600

Rent

$1,495

CachFlow

-$318

CoC

-6.74

Full Analysis

343 Weblin St, Spartanburg, SC 29306

Price

$243,300

Rent

$1,702

CachFlow

-$258

CoC

-6.06

Full Analysis

124 Terrace Rd, Spartanburg, SC 29301

Price

$279,300

Rent

$1,793

CachFlow

-$187

CoC

-3.83

Full Analysis
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Spartanburg, SC Rental Market Insights

  • Median cashflow is -$269/month — careful deal selection is essential here
  • 4.8% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Spartanburg, SC requires selective property picks
  • Moderately priced market with properties from $178,200 to $361,400
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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